【2021.7.6】Market recap and future considerations
Stock Price
The Nikkei average yesterday fell by 185.09 yen.
The short selling ratio is 45.2%, with nearly half of trades being short.
This week, with ETF distributions on the 8th and 9th and the SQ on the 9th, there is a high likelihood of a heavier head (uncertainty/pressure) in the market.
The Nikkei average has lacked direction recently, so it is prudent to wait for a clear trend to emerge.
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